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"Access to the PFS and dataroom is only granted under non-disclosure agreements."
That could be a requirement before allowing consultants to view the data room. The ".... third parties who are assisting us in technical areas...." is a bit vague. Are the third parties consultants or a mining company(s)? There was speculation, at the time that was released, about what that might mean but the speculation, like a lot of things here, quickly fizzled out as nothing else of substance emerged.
Back to snooze mode for now.
TDT
Hi Mad Mat, there was definitely (100% certainty level) an NDA signed and RNS'd many years ago so not sure whether still valid or not. I would say 5-7 years ago and separate from the one you reference. If anyone is desperate to discover precise wording let me know and I will dig it out, but unfortunately would have to charge my time, this on the basis that whoever requires it could research back through the RNS's and readily discover it themselves.
... although if you search for "non-disclosure" instead of NDA.... you find this statement is various places.
Pre-feasibility Study
In February 2019, the Company completed its PFS. This is a significant milestone that reinforces Kun-Manie’s technical and economic viability. The PFS is a document of some 650 pages with a sizable dataroom that supports our interactions with third parties who are assisting us in technical areas or who require more detailed information on the project. Access to the PFS and dataroom is only granted under non-disclosure agreements.
I vaguely recollect seeing something that confirmed the existence of multiple NDAs. This was about 2 - 3 years ago.
To try and check I wrote a simple programme to download all the PDF documents from this part of the website
https://amurminerals.com/content/wp-content/uploads/
That was nearly 500 documents.
You can download the whole zip file from my dropbox if you wish.
https://www.dropbox.com/s/icb815v14okyghw/amc-pdfs.zip?dl=0
If you extract these to a folder on your PC you can search the whole lot, including the content of the file. (not just the file name)
See here
https://www.dropbox.com/s/usyfkvs0k14h7cr/demo.png?dl=0
So re the NDA question it seems the is nothing to confirm the existence of NDA… only this in the EGM-QA-RNS-Reach.pdf
“As often discussed in many of Amur’s presentations, the definition of a Non-Disclosure Agreement precludes the Company from discussing the existence or absence of any such NDA”
Of course, if there was no NDA then they could just come out and say “there is no NDA”… so we can conclude either there is one or more NDA in place… or the company would like us to believe there is.
Anyway… some of you may find the pdf zip file useful.
Best, M
Or we keel over because the $millions we had spare have been spent on printing & photocopying !
So basically, they are under a confidentiality standing which says they can't discuss an NDA publicly whether there is one or not.
Essentially we couldn't be more in the dark about the state of affairs.
The potential of this share to rise to a level of a great return is there so until I hear something definite I am happy with that.
I dont think the sp will reflect the value until we either change from exploration to production or we get a T/O
BMCM
From a Q&A session with AMC dated 12 June 2020
https://www.investegate.co.uk/amur-minerals-corp--amc-/rns/posting-of-q-a-ahead-of-egm/202006121540108643P/
Q.Could you please advise whether an NDA or other form of confidentiality agreement is in place for a Merger, Acquisition or Investment for which the requested share issue authority is anticipated to be required for?
A. As often discussed in many of Amur's presentations, the definition of a Non-Disclosure Agreement precludes the Company from discussing the existence or absence of any such NDA.
Whether they did announce NDAs in that past I am not sure, but they have changed their stance on this now.
I cannot see any regulatory reason why they would need to announce an NDA.
Thanks all for the responses. More patience required by the looks of it. I nearly wished the fundamentals of this project were worse as id'd have cut my losses long ago. I still cling onto the view that this will come good, or maybe it's the fear that within a week of hitting sell an RNS will appear that changes everything.
Best of luck all.
NDA - yes they did have NDA's in place perhaps further back than the 5 years you have been invested for bmcm. It was RNS'd at the time. Definitely in place and I am thinking 5 to 8 years ago. If you trawl through the RNS's you will find it for sure.
NDA around here largely stands for Not Doing Anything.
If our BOD have an NDA - that's the variant they are laboring under.
I suspect when all is done and dusted (and I hope and fingers crossed the outcome is positive) we'll look back and find the 'leadership' here used every trick to keep things on hold until the price of Nickel broke decisively north. If our 'friendly' PFS showed a breakeven at $8lb, then I imagine these guys may want to see 8 *1.3 ($10.4lb) before finishing the photocopying on the TEO in order to satisfy a banker's margin. Whether 8 is still our breakeven is anybody's guess. Id like to think it's less but I have no facts to suggest that.
Else that TEO is going stand for Turn Everything Off.
NDA around here largely stands for Not Doing Anything.
If our BOD have an NDA - that's the variant they are laboring under.
I suspect when all is done and dusted (and I hope and fingers crossed the outcome is positive) we'll look back and find the 'leadership' here used every trick to keep things on hold until the price of Nickel broke decisively north. If our 'friendly' PFS showed a breakeven at $8lb, then I imagine these guys may want to see 8 *1.3 ($10.4lb) before finishing the photocopying on the TEO in order to satisfy a banker's margin. Whether 8 is still our breakeven is anybody's guess. Id like to think it's less but I have no facts to suggest that.
Else that TEO is going stand for Turn Everything Off.
5yrs, a relative newbie.
WRT NDA, that's been done to death, we've never had any tangible evidence that any NDA was actually in place wrt any aspect of the business.
Only what Young said, and if you believe him, I know someone who has a bridge for sale.
Hi all, relatively long term holder in AMC (5years). I share the general resentment towards the BOD and the lack of any communication. Not good enough really. I want to believe (ever the optimist) in some of the theories around takeover discussions etc... Query i have is, if these were taking place and the reason for the silence was due to some sort of NDA in place, does this not need to be communicated to the market? Apologies if i've missed something or this has been discussed recently as i sporadically check into the board.
bmcm